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Sanwo-Olu Advocates ADR to Boost Lagos Investment Climate

Politics
Blueprint
Sanwo-Olu Advocates ADR to Boost Lagos Investment Climate

At the Third Annual Lagos Multi-Door Courthouse (LMDC) and ADR Stakeholders’ Summit held at the MUSON Centre, Lagos, Governor Babajide Sanwo-Olu, represented by Attorney-General Lawal Pedro (SAN), discussed the significance of Alternative Dispute Resolution (ADR) in alleviating court congestion in Nigeria. He stated that prolonged litigation negatively impacts justice administration, particularly in criminal cases where inmates await trial for extended periods.

Sanwo-Olu noted that Lagos contributes over a fifth of Nigeria’s GDP and is a major destination for foreign investment, asserting that a reliable legal framework is essential for business confidence. He positioned ADR as central to the state’s ease-of-doing-business agenda and urged legal practitioners to prioritize it in commercial disputes.

Chief Judge Kazeem Alogba highlighted that the LMDC has facilitated the recovery of over N86.84 billion in five years, emphasizing that investor confidence thrives on a stable legal environment.

Plus234Feed summary based on reporting from Blueprint. Read the original report below.

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